TECB vs. XLKI

Last updated Aug 4, 2026

TECB (iShares U.S. Tech Breakthrough Multisector ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. TECB is passively managed, while XLKI is actively managed. Over the past year, TECB returned 26.64% vs 24.59% for XLKI. Their correlation of 0.83 means they have usually moved in the same direction. TECB charges 0.40%/yr vs 0.35%/yr for XLKI.

Performance

TECB vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Tech Breakthrough Multisector ETF (TECB) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TECB achieves a 17.55% return, which is significantly higher than XLKI's 10.67% return.

TECB

• 1D: 1.90%
• 1M: -0.43%
• 6M: 18.40%
• YTD: 17.55%
• 1Y: 26.64%
• 3Y*: 23.98%
• 5Y*: 11.75%
• 10Y*: —
• ALL TIME*: 17.64%

XLKI

• 1D: 0.01%
• 1M: -1.06%
• 6M: 9.29%
• YTD: 10.67%
• 1Y: 24.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TECB iShares U.S. Tech Breakthrough Multisector ETF	$494.14K	$667.55K	$1.09M
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$514.98K	$430.22K	$356.64K

TECB vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
TECB iShares U.S. Tech Breakthrough Multisector ETF	17.55%	4.38%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	10.67%	10.02%

Correlation

The correlation between TECB and XLKI is 0.83, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.83
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.83

The correlation between TECB and XLKI has been stable across timeframes, ranging from 0.83 to 0.83 - a consistent structural relationship.

TECB vs. XLKI - Sectors Allocation Comparison

Sectors	TECB	XLKI
Technology	58.6%	99.2%
Healthcare	12.4%	-
Communication Services	11.6%	0.8%
Financial Services	8.7%	99.9%
Consumer Cyclical	5.2%	-
Real Estate	1.7%	-
Industrials	1.0%	-
Energy	0.6%	-
Basic Materials	-	-
Consumer Defensive	-	-
Utilities	-	-

Return for Risk

TECB vs. XLKI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TECB

TECB Risk / Return Rank: 50
TECB Sharpe Ratio Rank: 58
TECB Sortino Ratio Rank: 55
TECB Omega Ratio Rank: 52
TECB Calmar Ratio Rank: 45
TECB Martin Ratio Rank: 41

XLKI

XLKI Risk / Return Rank: 51
XLKI Sharpe Ratio Rank: 46
XLKI Sortino Ratio Rank: 43
XLKI Omega Ratio Rank: 47
XLKI Calmar Ratio Rank: 57
XLKI Martin Ratio Rank: 60

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TECB vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Breakthrough Multisector ETF (TECB) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TECB	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	1.42	1.13	+0.29
Sortino ratio: Return per unit of downside risk	1.99	1.61	+0.38
Omega ratio: Gain probability vs. loss probability	1.24	1.22	+0.03
Calmar ratio: Return relative to maximum drawdown	1.65	2.02	-0.37
Martin ratio: Return relative to average drawdown	4.53	7.10	-2.58

TECB vs. XLKI - Sharpe Ratio Comparison

The current TECB Sharpe Ratio is 1.42, which is comparable to the XLKI Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of TECB and XLKI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TECB vs. XLKI - Drawdown Comparison

The maximum TECB drawdown since its inception was -41.62%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for TECB and XLKI.

Drawdown Indicators

	TECB	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-41.62%	-11.21%	-30.41%
Max Drawdown (1Y) Largest decline over 1 year	-16.24%	-11.21%	-5.03%
Max Drawdown (3Y) Largest decline over 3 years	-23.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.62%	—	—
Current Drawdown Current decline from peak	-3.53%	-6.73%	+3.20%
Average Drawdown Average peak-to-trough decline	-10.05%	-2.16%	-7.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.90%	3.18%	+2.72%

Volatility

TECB vs. XLKI - Volatility Comparison

The current volatility for iShares U.S. Tech Breakthrough Multisector ETF (TECB) is 5.51%, while State Street Technology Select Sector SPDR Premium Income ETF (XLKI) has a volatility of 8.68%. This indicates that TECB experiences smaller price fluctuations and is considered to be less risky than XLKI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TECB	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.51%	8.68%	-3.17%
Volatility (6M) Calculated over the trailing 6-month period	15.27%	17.55%	-2.28%
Volatility (1Y) Calculated over the trailing 1-year period	18.88%	19.96%	-1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.79%	19.92%	+3.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.32%	19.92%	+5.40%

TECB vs. XLKI - Expense Ratio Comparison

TECB has a 0.40% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

TECB vs. XLKI - Dividend Comparison

TECB's dividend yield for the trailing twelve months is around 0.30%, less than XLKI's 17.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
TECB iShares U.S. Tech Breakthrough Multisector ETF	0.30%	0.33%	0.35%	0.23%	0.61%	0.35%	0.77%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.91%	8.52%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TECB and XLKI in my portfolio?

TECB and XLKI have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TECB or XLKI?

XLKI has higher volatility (8.68%) compared to TECB (5.51%). In terms of maximum drawdown, TECB dropped -41.62% vs XLKI's -11.21%.

Which ETF is better, TECB or XLKI?

On 1-year performance, TECB leads with 26.64% vs 24.59% for XLKI. On fees, XLKI is cheaper at 0.35% per year. On volatility, TECB has been the lower-risk option at 5.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TECB or XLKI?

Over the 1-year period, TECB has performed better with a 26.64% return vs 24.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TECB or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.40% for TECB.

Which ETF pays a higher dividend yield, TECB or XLKI?

XLKI has the higher dividend yield at 17.91%, compared with 0.30% for TECB.

What is the main difference between TECB and XLKI?

They also come from different issuers: iShares and State Street. Their fees differ too: 0.40% for TECB and 0.35% for XLKI.

Which has better risk-adjusted returns?

TECB currently has the higher Sharpe Ratio (1.42 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.